Tech Forum

Need to set up deposits for a new bank

I'd imagine the instructions would come down from CHQ. I don't think there's anything you'd see different in MLS. You may use a different bag, and of course drop it off in a different location.

Now, if you're switching from a local account to a deposit concentration account, the changes may be more significant.

russellhltn wrote:I'd imagine the instructions would come down from CHQ.

This is what we experienced. But before this happened we contacted headquarters to let them know we were going to use a new bank and what branch office we were going to use. It was then that headquarters provided instructions. With those instructions was a letter with instructions/authorization to the new bank branch office to complete the process and to get keys for the after hours deposit box. Also with those instructions and the letter were deposit bags and deposit slips.